i mean obviously you can't be presize in terms of what superstorm sandy is going tof cost the u.s. economy?y >> wow. i mean in the g beginning we we looking at $20 billion in damage. now, i would say it is closer $ to 40.d and we are probably looking at another $30 billion in lost commerce. the new york city economy is not functioning nor are is the broader area. people aren't earning a living. lost income. we are really talking about quite a big toll right now. we are probably talking aboutto something, you know, close to b $70 billion, $80 billion. not as big ats katrina but getting in that league. >> geraldo: so if it is in that range, professor, you areprof suggesting this is one of the most expensive storms inms american history? >> yeah. biggest.t the however, look at where it hit. right smack into the financiala center. i'm a native new yorker and well familiar with long beach and rockaway beach, long island, the shoreline of newey jersey, spending summers there. and those places are vulnerablu to this kind of storm and they are not really built for it so we are seeing commu